Sei Investments Co. raised its position in shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 140.2% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 28,951 shares of the restaurant operator’s stock after buying an additional 16,898 shares during the period. Sei Investments Co. owned approximately 0.19% of Buffalo Wild Wings worth $3,668,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in BWLD. Tyers Asset Management LLC boosted its position in Buffalo Wild Wings by 6.3% in the first quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock worth $114,000 after buying an additional 44 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in Buffalo Wild Wings by 10.9% in the first quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock worth $117,000 after buying an additional 75 shares in the last quarter. FNY Managed Accounts LLC acquired a new position in Buffalo Wild Wings during the first quarter worth approximately $130,000. Flinton Capital Management LLC boosted its position in Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock worth $146,000 after buying an additional 56 shares in the last quarter. Finally, Neuburgh Advisers LLC boosted its position in Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock worth $177,000 after buying an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 95.39% of the company’s stock.

Buffalo Wild Wings, Inc. (NASDAQ BWLD) opened at 108.70 on Monday. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 27.53 and a beta of 0.86. Buffalo Wild Wings, Inc. has a 12-month low of $105.10 and a 12-month high of $175.10. The company has a 50-day moving average price of $117.48 and a 200 day moving average price of $142.53.

Buffalo Wild Wings (NASDAQ:BWLD) last released its earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.01 by $0.35. The company had revenue of $500 million during the quarter, compared to the consensus estimate of $512.68 million. Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. Buffalo Wild Wings’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.27 EPS. On average, equities research analysts predict that Buffalo Wild Wings, Inc. will post $4.54 EPS for the current year.

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A number of research analysts recently commented on BWLD shares. Deutsche Bank AG set a $180.00 price objective on Buffalo Wild Wings and gave the company a “buy” rating in a report on Sunday, May 28th. Maxim Group upgraded Buffalo Wild Wings from a “hold” rating to a “buy” rating and upped their price target for the stock from $175.00 to $180.00 in a research note on Friday, May 19th. Finally, UBS AG upgraded Buffalo Wild Wings to a “buy” rating in a research note on Monday, May 15th. Two investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have given a buy rating to the company’s stock. Buffalo Wild Wings has an average rating of “Hold” and a consensus price target of $142.55.

In related news, Director International Master F. Marcato bought 9,100 shares of the company’s stock in a transaction dated Tuesday, August 1st. The stock was bought at an average price of $109.71 per share, with a total value of $998,361.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.19% of the stock is currently owned by insiders.

About Buffalo Wild Wings

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

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Institutional Ownership by Quarter for Buffalo Wild Wings (NASDAQ:BWLD)

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